Introduction to basic wallet:Wallet is a digital wallet that allows you to easily spend and withdraw currency from anywhere. This allows us to use the currency easily and safely. Using the default wallet is very easy as you first need to create an account. After creating this account, you can save your currency in this account and use it when you need it.Apart from this, one of the advantages is that it saves your account information and does not share this information with anyone else. It also gives us cryptocurrency features where we can sell cryptocurrencies to anyone and buy…
Author: Crypto Flexs
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The Internal Revenue Service (IRS) recently hired two prominent figures in the digital asset industry. Their mission is to lead the agency’s efforts to strengthen cryptocurrency tax compliance and enforcement. These new hires come as the IRS is increasing its focus on the cryptocurrency sector and changing the rules for how digital assets are taxed. IRS Joins Cryptocurrency Experts for Tax and Enforcement Guidance The first of these recruits is Sulolit “Raj” Mukherjee. He was previously Global Head of Tax at blockchain innovator ConsenSys and a key player at Binance.US. Seth Wilks, previously Vice President of Government Relations and Success…
Are you ready to jump into the world of Hitcoin and start making big money? Hitcoin is a revolutionary new cryptocurrency that is making waves in the financial markets. With its innovative technology and promising potential, Hitcoin is definitely worth considering as a way to increase your income. What is Heatcoin? Hitcoin is a digital currency based on blockchain technology. It is decentralized and operates independently of any central authority or government. This makes it safe, transparent and trustworthy. Hitcoin can be used for a variety of purposes, including online trading, investments, and payment methods. How to Make Big Money…
Today, Strike CEO Jack Mallers announced the expansion of Strike’s suite of Bitcoin services into multiple African markets.We just published the Strike Africa announcement.Today we expand our entire product range with the launch of Strike Africa. #Bitcoin We serve Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda and Zambia, with more markets to come.LFG! 🌍🫡https://t.co/icN0DZ4bGS pic.twitter.com/khxKecltAY— Jack Mallers (@jackmallers) February 27, 2024 Strike Africa is now available in Gabon, Côte d’Ivoire, Malawi, Nigeria, South Africa, Uganda and Zambia, with further expansion planned in the future. With this expansion, Strike aims to address the unique financial challenges faced by many African…
The Spot Bitcoin (BTC) ETF continues to attract the attention of market participants, recording two all-time high trading volumes in the past two days amid the latest Bitcoin upward trend. As of February 26, the total volume of the seven largest spot Bitcoin ETFs reached $7.64 billion, according to Santiment. This is the current highest record, surpassing the previous record of $6.15 billion to $1.49 billion. Interestingly, the market hit a high of $6.15 billion on February 25, suggesting that the latest ATH was achieved for the second day in a row. The current increase in volume comes after a…
In recent years presentationThe Ethereum (ETH) Foundation announced that the highly anticipated Dencun network upgrade has been successfully activated on all testnets. Upgrades coming to Ethereum mainnet March 13, 2024 marks an important milestone in the protocol’s efforts to enhance scalability and reduce user transaction costs. Ethereum’s Latest Milestones Following last year’s successful Shapella upgrade, the Dencun upgrade introduces several notable changes aimed at improving the efficiency and capacity of the Ethereum network. One of its key features is the introduction of temporary data chunks through Ethereum Improvement Proposal 4844, affectionately known as “protodanksharding.” Expected to further decrease this time…
Hong Kong plans to launch a ‘regulatory sandbox’ to test stablecoin issuance and business models, as outlined in its 2024 budget plan. Hong Kong’s Finance Minister Chan Mo-po announced the implementation of a ‘regulatory sandbox’ for stablecoin issuance as part of the 2024 budget. This initiative aims to test issuance processes, business models, investor protection mechanisms and risk management systems for stablecoins within a controlled environment. Establishing a balanced regulatory system The announcement follows government proposals to regulate stablecoin issuers released for public consultation last year. The goal is to establish a regulatory framework that balances financial stability with the…
Gibraltar, Gibraltar, February 27, 2024, Chainwire New gaming platform Funtico is excited to announce the launch of a whitelist for the sale of its first exclusive Summoners Collection NFT. In addition to providing access to the Summoner Collection, the whitelist spot offers some huge benefits as the Funtico platform barrels ahead toward launch. Users can participate in the exclusive whitelist campaign starting February 27, 2024 here. Participants will have the opportunity to purchase one of the unique NFTs from the Summoner Collection, and will gain access to special NFTs if users have one of each NFT in their collection. Exclusive…
A trader who correctly called Bitcoin’s (BTC) 2018 bear market bottom said he is bullish on two memecoins. Alien analyst Bluntz told his 240,800 followers on social media platform Bluntz is a practitioner of Elliott Wave theory, a technical analysis approach that attempts to predict future price movements by following herd psychology, which tends to appear in waves. The theory is that bullish assets tend to have a three-wave correction move before the next advance. Blunts says: “WIF has essentially been trading from the beginning on a large accumulation base with consistent impulsive rises and a series of clear corrective…
Posted 1 minute ago In ~ The Hong Kong Monetary Authority plans to introduce a regulatory sandbox for stablecoin issuers in the near future, Hong Kong Finance Minister Paul Chan said in his 2024 Budget presentation on Wednesday.Chan said in the announcement that the sandbox is designed to allow companies to test stablecoin initiatives, explore business models, and implement investor protection and risk management strategies in a controlled environment.“Cybersecurity, along with investor and customer protection, is the most important issue in Web 3.0 development, embracing the ‘same activity, same risk, same regulation’ principle,” Chan added.In December last year, the HKMA…